Finance

UPDATED 06/26/2018 – Eutelsat announced June 26 that it no longer intends to make an acquisition offer for Inmarsat, though it will reserve the right to reconsider its position within the next six months. The update comes less than 24 hours after Eutelsat issued a statement that it would consider making a bid for U.K....

Mu Space has released a Request for Proposals (RFP) for a manufacturer to build the company’s first satellite with coverag spanning across Asia-Pacific. The High Throughput Satellite will be on a Geostationary Earth Orbit (GEO) location at 50.5 degree east, an orbital slot secured on a recent agreement between mu Space and SES. It is...

Viasat has appointed Dave Ryan to lead its space systems business, effective immediately. Ryan will provide strategic guidance and oversight for the satellite system design, fabrication, test and operations of Viasat’s global satellite constellation roadmap. In addition to leading overall spacecraft development, Ryan will also lead the teams focused on satellite and launch system procurement...

Airbus has opened its Space Academy in Toulouse, France to help train customers in the operation of satellites and space systems that are acquired from the company. When a customer procures a spacecraft from Airbus, the process and operation of the spacecraft involves a training process, especially for first time customers, such as governments, which...

The General Data Protection Regulation (GDPR) is finally here. After a two year “grace period” where companies were given the time to adapt, it came into force last May 25. It has been a very challenging period for companies: indeed, the GDPR brings a set of changes to the European rules on the processing of...

It has certainly been an interesting few weeks on the interview front. Following on from our interview with Jeff Bezos, we got the opportunity to talk with another of world’s most famous business people, Richard Branson. It has been an honor to interview these iconic figures in the business world, and find out how they...

Firefly Aerospace has appointed Leslie Kovacs as vice president of business development. Kovacs has more than 30 years of space launch industry experience, most recently at United Launch Alliance (ULA) as director of executive branch affairs, where he helped shape federal policy and acquisition approaches for the $57 billion Evolved Expendable Launch Vehicle (EELV) program. Kovacs will be based...

Spatial analytics provider Esri and DigitalGlobe have created a story map of high-resolution imagery that visualizes the 12 venues being used for the 2018 FIFA World Cup in Russia, exclusive to The Associated Press. This will be the first time these images have ever been seen. DigitalGlobe imagery is available through ArcGIS Living Atlas of the World,...

In one of the biggest deals in U.S. media history, AT&T has been given the go-ahead to acquire Time Warner. Given that AT&T owns DirecTV, one of the largest satellite pay-TV operators, the deal has significant ramifications for the satellite sector given that AT&T now has huge presence across the U.S. media landscape. The deal...

As fiscal year 2017 financials trickled in, it was clear that the impact of a changing market and pricing declines continues to hit the bottom line of commercial satellite operators. Operators are being forced to re-evaluate decisions on multiple levels; from which applications to target, partners to engage, and satellites to order. There are two...